“In US we had our share of civil conflicts driven by economic forces. The European immigrants brought slaves from Africa to use them as cheap labor for farming their lands. The color of the skin is only a rationalization for the continuation of the slavery system. All the segregation and discrimination rules against the blacks at that time were made to preserve the existing economic system and the interest of its beneficiaries. Though the American civil war was attributed to states and civil rights, the driving forces behind the war was the conflict of economic interests.Rate this quote:(4.00 / 2 votes)

Med Jones is the president of International Institute of Management - A US based think tank specializing in applied strategy in the fields of economics, financial markets, and business operations. Jones is one of the few experts who predicted the global financial crises of 2008. In 2006 he warned about three crises to hit the US in the decade from 2007-2017; the burst of the housing bubble, US national debt, and the social security deficit. His statements and predictions are followed by economic researchers and investment analysts around the world. He is also noted for his contribution of the second generation of Gross National Happiness (GNH) framework, also known as GNH Economics.